NIFTY SPOT TOOK SUPPORT NEAR OUR LEVEL OF 5740 AND BOUNCED BACK SHARPLY
IT'S ALL ABOUT VOLUME AND LEVELS BASE GAME BOLE THO SVP CHARTS
THIS WHAT IS CALLED THE STRENGHT OF SVP CHARTS
5740>>>>>5860 AS EXPECTED BOUNCE TILL 5875-5940
AND CLOSE ABOVE 5940 LEVELS ALREADY POSTED

LAST WEEK ALSO VOLUME IN MARKET WERE TOO LOW.DAILY THERE IS CLEAR FALL IN OI ON NIFTY FUT ... CLEAR CUT PICTURE OF SOME PROFIT BOOKING AND UNWINDING OF LONG POSITION OF THE RALLY WE HAD FROM 5350 TO 5900

SVP : FALL IN PRICE WITH FALL IN VOLUME A SIGN OF REVERSAL IF 5740 LEVELS HOLD ON CLOSING BASIS

WE HAD A GOOD / FANTASTIC RALLY FROM FROM 5400 AND

AS EXPECTED NIFTY TOOK RESISTANCE AND HIT LEVELS BTW 5910-5950NOW WHAT WE ARE EXPECTING AND SEE ON CHARTS + DATA

PREV NIFTY FAILS TO GIVE CLOSING ABOVE 5940 AND MANAGED TO CLOSE BELOW LEVEL OF 5875

NOW LEVELS TO WATCH OUT ON NIFTY SPOT ON CLOSING BASIS IS 5740

IF NIFTY FAILS TO HOLD THE SAME THEN MARKET WOULD BECOME BEARISH

WITH MINOR SUPPORT AT 5680 AND WILL TGT TO LEVELS OF 5560 / 5480 / 5370

ON THE OTHER HAND IF NIFTY SPOT MANAGE TO REMAIN ABOVE 5740 ON CLOSING BASIS THEN WE WOULD SEE REVERSAL IN MARKET TILL LEVELS OF 5875-5940AND ON REVERSAL IF NIFTY SPOT MANAGE TO GIVE WEEKLY CLOSING ABOVE 5940

Monday, April 11, 2011

No clear trend as on now in market
problem what i am seeing in market is that nifty put options not adding up premuim ... and not rising even when the nifty is falling and compare to morning rates when spot was trading above 5810

Thursday, April 7, 2011

ALL SHORT SELLER FASTERN UR SEAT BELTS AS SUCH / COZ LANDING IS UNCERTAIN DUE TO BAD ATMOSPHERE AND IT WILL BE BETTER TO TAKE PARACHUTE ALONG WITH YOU
HEDGE UR NIFTY FUTURE SHORTS BY BUYING 6000 CALLS IF CARRYING / HOLDING ANY

LOOK AT NIFTY :)) =)) <:-p NF 5885-5888>>>>NEW HIGH 5932
THAT WAS THE REASON WE SEND YOU ALERT MSG TO AVOID SHORT
COZ WHAT SEE ON CHARTS AND DATA WE SAY AND SEND SOALL PAN-INDIA WISE BROKER INTRADAY SHORT STOP-LOSS TRIGGER =))

ALERT:- NO SHORTING / SELLING SEEN / HAPPENING IN NIFTY FUT ... IT'S A KIND OF CONSOLIDATION OR ........
NIFTY SPOT ONCE SUSTAIN AND TRADE ABOVE 5890 ... YOU WILL SEE THE FIRE EFFECTS
PUT'S NOT GAINING WHILE NIFTY FALLING AND CALLS NOT FALLING DOWN WHEN EVER NIFTY IS FALLING .... CALLS ARE RISING
"PAN-INDIA BASIS BROKER RECMD TO SHORT NIFTY TO THERE RETAIL CLIENTS"
BETTER AVOID AS OF NOW AND STICK TO LEVELS GIVEN AS PER CLOSING BASISIT'S BETTER TO BE LATE THEN EARLY ATLEST FOR TAKING SHORT IN NIFTY FUT

A trader goes thru the following 9 emotional stages on the road to becoming successful provided he doesn't stop on the way!

--

stage 1 : shringar

trader is so happy when he enters the magical world of trading! his body language is loaded with loud expressions of hollow and premature ecstacy! becoming a trader is considered an achievement in itself!

trader can no longer laugh at the repeated losses he puts up a brave front tries to be a hero often like don quixote

--

stage 4 : raudra

when his unwarranted ill-informed bravery results in mounting losses his ego gets triggered he gets furious and angrily clasps the ill-fated ride even tighter

--

stage 5 : vibhatsa

by now the things get ugly. the trader has come too far to turn back without some permanent damage. by now 'shingar' has melted 'hasya' has vanished 'veerta' has evaporated 'raudra' has turned ugly.

--

stage 6: bhayanak

the reality and the trader are standing face to face reality smiles like a devil trader stares like an injured,humiliated and helpless lion! repents why he became a trader, why he took the trader and why he didn't see this all the way!

KEEP AN EYE ON TATASTEEL ONCE CLOSE ABOVE 630 ON CASH .... NO ONE CAN STOP .... ONLY SKY ARE THE LIMITS ..... DO NOT MISS IF YET NOT BOUGHT ..... BUY BUY IN TRUCK LOAD ..... DOUBLE UR QTY ONCE CLOSE ABOVE 630 IN CASH OUR POSITIONAL TGT ARE 690 / 725 WITH MINOR HURDLE BTW 660-665

LNT ON CLOSE ABOVE 1585 STOPLOSS 1550 TGT 1670-1690 BOOK PROFIT IN THE ZONE RISKY PLAYER CAN TAKE SHORT POSITION NEAR 1680 WITH...

Disclaimer

ABN Stocks & Trading Ideas an independent publisher of Trading and Investment advice provided for the education of traders and investors.The Blog is an information service only..Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved.The information provided herein is not to be construed as an offer to buy or sell securities of any kind.We do not assume any responsibility or liability resulting from the use of such information, judgements and opinions for Trading or Investment purposes.